Core Points - Cibus, Inc. announced leadership changes as part of its succession planning strategy, with Rory Riggs resigning as CEO and Peter Beetham appointed as Interim CEO [1][2] - The Board of Directors will search for a permanent CEO, considering both internal and external candidates [2] - Rory Riggs will remain as Chairman of the Board and expressed confidence in the leadership team during the transition [3] Company Overview - Cibus is a leading agricultural technology company focused on developing and licensing plant traits to seed companies for royalties, addressing productivity and sustainability challenges in agriculture [4] - The company utilizes its proprietary Rapid Trait Development System™ (RTDS®) for gene editing, aiming to develop traits more efficiently than conventional breeding methods [4] - Cibus has a pipeline of five productivity traits, including weed management in rice and disease resistance, which are its near-term focus [4]
Cibus Announces Leadership Change and CEO Succession Plan